In December, I wrote in this masthead that value investing didn’t die during the growth decade – it was simply under-owned. Last year, value was vindicated. And this year, it’s done a victory lap while the cost of admission has gone up. The trade is crowding, the late arrivals are paying up and the stagflation regime that most strategists now treat as Australia’s economic baseline favours exactly ...
In December, I wrote in this masthead that value investing didn’t die during the growth decade – it was simply under-owned. Last year, value was vindicated. And this year, it’s done a victory lap while the cost of admission has gone up. The trade is crowding, the late arrivals are paying up and the stagflation regime that most strategists now treat as Australia’s economic baseline favours exactly the kind of cash-generative, balance-sheet-resilient businesses that value investors should have always owned. Loading...
On May 14, 2026, Owls Nest Partners IA disclosed in a Securities and Exchange Commission filing that it sold out of EPAM Systems (NYSE:EPAM) , liquidating 230,246 shares in a transaction estimated at $39.37 million based on quarterly average pricing. In a filing with the Securities and Exchange Commission dated May 14, 2026, Owls Nest Partners IA reported selling all 230,246 shares of EPAM Systems...
On May 14, 2026, Owls Nest Partners IA disclosed in a Securities and Exchange Commission filing that it sold out of EPAM Systems (NYSE:EPAM) , liquidating 230,246 shares in a transaction estimated at $39.37 million based on quarterly average pricing. In a filing with the Securities and Exchange Commission dated May 14, 2026, Owls Nest Partners IA reported selling all 230,246 shares of EPAM Systems, with the estimated transaction value totaling $39.37 million based on the mean closing price for the quarter. The quarter-end value of the stake dropped by $47.17 million, reflecting both the sale and price movement. EPAM Systems is a global provider of digital engineering and IT consulting services, leveraging a large technical workforce to deliver complex solutions for enterprise customers. The company’s strategy centers on end-to-end digital transformation, platform modernization, and high-value consulting, which positions it as a key partner for organizations seeking to innovate and scale technology initiatives. EPAM Systems’ diversified client base and expertise in both engineering and advisory services underpin its competitive advantage in the rapidly evolving technology services market. Continue reading
"If we were to apply the same logic behind Russia's call for today's meeting, we would need twice-daily emergency Security Council meetings — including on the weekends — to only scratch the surface of the terror, death and destruction inflicted across Ukraine by Russia," commented the representative from Denmark.
"If we were to apply the same logic behind Russia's call for today's meeting, we would need twice-daily emergency Security Council meetings — including on the weekends — to only scratch the surface of the terror, death and destruction inflicted across Ukraine by Russia," commented the representative from Denmark.
Oleksandr Usyk, Ukraine’s unbeaten heavyweight world champion, stopped the Dutch former kickboxer Rico Verhoeven with one second remaining in the penultimate round to avoid what would have been one of the greatest boxing upsets of all time on Saturday. The WBC title fight at the Pyramids of Giza was considered a mismatch but Verhoeven, whose sole previous professional boxing fight was 12 years ago...
Oleksandr Usyk, Ukraine’s unbeaten heavyweight world champion, stopped the Dutch former kickboxer Rico Verhoeven with one second remaining in the penultimate round to avoid what would have been one of the greatest boxing upsets of all time on Saturday. The WBC title fight at the Pyramids of Giza was considered a mismatch but Verhoeven, whose sole previous professional boxing fight was 12 years ago, tore up the script in mind-boggling fashion from the opening bell and had looked set to win. Until the controversial stoppage, he had proved to be more than a tricky competitor and gave Usyk a huge scare. His jerky style, bulldozing aggression and powerful right hand had troubled a sluggish-looking Usyk for most of the fight. In a chaotic ending, Usyk dropped the challenger late in the 11th round and the referee waved it off after Usyk pounced when Verhoeven beat the count shortly before the bell. With so little time left in the round, it seemed a hugely controversial call from the referee. “I thought it was an early stoppage, but in the end it’s not up to me,” Verhoeven said moments later while still in the ring. He had started well, landing a couple of vicious right hands in the opening round. Usyk struggled to find his range and, although he had a good fourth round, rocking Verhoeven with an uppercut, he seemed to be losing most of the early rounds. As the rounds ticked down everyone waited for Usyk to assert his superiority, but that did not come until the end of the 11th. A plush right hand sent Verhoeven down and through the ropes. Once he was up, Usyk unleashed a barrage. His opponent looked like he would be saved by the bell, until the referee intervened.
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He said he had endured appalling conditions at sea for more than four months before the war broke out. He said their drinking water was contaminated with diesel, that much of the food they had to eat was expired, and shared pictures of dirty brown water that he said the crew were told to wash with.
He said he had endured appalling conditions at sea for more than four months before the war broke out. He said their drinking water was contaminated with diesel, that much of the food they had to eat was expired, and shared pictures of dirty brown water that he said the crew were told to wash with.
Nvidia (NVDA 1.86%) became the first company in the world to achieve a $5 trillion market capitalization in October 2025, fueled by the artificial intelligence (AI)-powered growth in its revenue and earnings in recent years. The good news for Nvidia stock investors is that the semiconductor giant's growth isn't showing any signs of slowing down. It continues to dominate the lucrative AI chip marke...
Nvidia (NVDA 1.86%) became the first company in the world to achieve a $5 trillion market capitalization in October 2025, fueled by the artificial intelligence (AI)-powered growth in its revenue and earnings in recent years. The good news for Nvidia stock investors is that the semiconductor giant's growth isn't showing any signs of slowing down. It continues to dominate the lucrative AI chip market, and more importantly, Nvidia continues to hunt for new opportunities to sustain its phenomenal growth. Nvidia's performance in the first quarter of fiscal 2027 (which ended on April 26) clearly shows that the intensifying competition in the AI chip market isn't affecting its growth. In fact, I won't be surprised if it becomes the world's first $15 trillion company in the next three years. Let's see why that's likely to be the case. Nvidia is poised to deliver stronger growth in the AI inference era Nvidia has dominated the AI chip market in recent years thanks to its graphics processing units (GPUs), which offer massive parallel computing power, making them ideal for training large language models (LLMs). However, there is enough evidence suggesting that hyperscalers and AI companies prefer custom chips in the inference era to reduce compute costs. Expand NASDAQ : NVDA Nvidia Today's Change ( -1.86 %) $ -4.09 Current Price $ 215.42 Key Data Points Market Cap $5.2T Day's Range $ 214.84 - $ 221.07 52wk Range $ 132.92 - $ 236.54 Volume 5.8M Avg Vol 171.3M Gross Margin 74.15 % Dividend Yield 0.02 % That's not surprising, as inference workloads require much less computational power than the training phase, which is why GPUs are considered overkill for inference applications. However, Nvidia's latest results make it clear that its GPUs remain relevant in the AI inference era. The company reported an 85% year-over-year increase in revenue in fiscal Q1 to $81.6 billion. That was a significant improvement over the 69% revenue growth it reported in the same quarter last year. The ...
A fortunate Oleksandr Usyk retained his world heavyweight titles in Egypt with a highly controversial 11th-round stoppage win against boxing novice Rico Verhoeven. Verhoeven, in just his second professional boxing fight, was the clear aggressor for long spells, stunning generational great Usyk in a way nobody expected. Possibly behind on the judges' cards, Ukrainian Usyk produced a late surge and ...
A fortunate Oleksandr Usyk retained his world heavyweight titles in Egypt with a highly controversial 11th-round stoppage win against boxing novice Rico Verhoeven. Verhoeven, in just his second professional boxing fight, was the clear aggressor for long spells, stunning generational great Usyk in a way nobody expected. Possibly behind on the judges' cards, Ukrainian Usyk produced a late surge and landed a sharp left uppercut that sent the Dutchman to the canvas. Verhoeven beat the count, but a follow-up flurry in the closing seconds of the round prompted the referee to step in and wave it off - a decision that looked extremely harsh on the challenger. "This fight was hard. It was a good fight," Usyk said. In a contest many expected to expose the gulf between elite boxing pedigree and crossover ambition, unbeaten Usyk looked uncharacteristically laboured. He struggled to find his usual rhythm in what became the toughest fight of his career. The 39-year-old - a three-time undisputed champion who ruled at cruiserweight and heavyweight - found a way to win his 25th professional fight, but his opponent questioned the outcome. Kickboxing legend Verhoeven, 37, described it as an "early stoppage" and called for a rematch but said it was up to Usyk. "I wanted the referee to let me go out on my shield or let me go in the 12th. I felt we were pretty even on the scorecards," Verhoeven said.